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he expanded the gap on things like the deficit. we have seen this shift toward romney and all the other areas. one place where president obama has this surprising finding. 49%, half of the people poll likely voters think that president obama is more moderate than romney. this is a president who ran as a liberal, governed as a liberal, done more to expand the government in try-and-a-half years than any other democratic president since lyndon johnson, maybe since fdr. after the midterm he was repudiated and runs as liberal, proud liberal. convention advertised him as liberal. romney campaign has a huge opening in a country 2 to 1, self-identified conservatives and liberals to say you know what? obama is in fact an activist liberal. >> bret: quickly, charles, polls are flashes in time. you get a call, what do you identify now? not are you a republican or democrat. which party do you identify with at this moment? >> look, everybody understands it's not a predictor of election day but it tells you if you compare today with yesterday and
he expanded the gap on things like the deficit. we have seen this shift toward romney and all the other areas. one place where president obama has this surprising finding. 49%, half of the people poll likely voters think that president obama is more moderate than romney. this is a president who ran as a liberal, governed as a liberal, done more to expand the government in try-and-a-half years than any other democratic president since lyndon johnson, maybe since fdr. after the midterm he was...
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he held the deficit steady. how much debt has the president run up? >> $6 trillion. >> very good. $6 trillion. >> yes. and let me ask you this. what is... is that -- is that all bush's fault? >> no. what is the debt bush ran up? >> bush? okay. >> well, well... >> look. >> no. no. >> bush is gone. >> i'm not defending bush. >> bush is gone. this isn't a question of defending bush. >> sure sit. >> it's a question of putting our issues in context. contest isn't a proper. >> you're saying look. my guy ran up $6 trillion in debt. but what did bush do? come on. it's ridiculous. it doesn't matter what bush did. the job of the president now is to get the debt under control and you've got to -- . >> exactly. >> i can see why obama did badly in the debate. the altitude really is rough up here in come redistribution. do you believe it? >> do you? >> i asked first. >> i believe... >> i believe in social security. do you believe in social security. >> yes. >> so we're both socialists? >> no. no. >> social security isn't redistribution? >> no. it's not. >> you pay
he held the deficit steady. how much debt has the president run up? >> $6 trillion. >> very good. $6 trillion. >> yes. and let me ask you this. what is... is that -- is that all bush's fault? >> no. what is the debt bush ran up? >> bush? okay. >> well, well... >> look. >> no. no. >> bush is gone. >> i'm not defending bush. >> bush is gone. this isn't a question of defending bush. >> sure sit. >> it's a question of...
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so it creates a type of deficit disorder. so reading something, you're looking, clicking through, moving on, having five screens open at once. and finally, it iseplacing real-life relationships and real-life communication skills. it reduces social intelligence and emotional intelligence, because you're just busy taking in information. >> but won't we adjust? i mean, humans adjust, as time progresses you will adjust to it. >> you will adjust to having more faulty real-life relationships, yes. >> i noticed people used to go to a coffee shop, or a bar, to hang out with people. now, people are chatting on line. is this a real thing? or are we just caught up in this addict society? or an addict nation? because everybody is addicted to something. >> you know it is a new substance to become addicted to. but people who are unable to self-regulate, and experience the withdrawals, it is a very real thing, don. >> so are there people who specialize in the behavior? >> anybody who experiences it can be treated, but look at your own famil
so it creates a type of deficit disorder. so reading something, you're looking, clicking through, moving on, having five screens open at once. and finally, it iseplacing real-life relationships and real-life communication skills. it reduces social intelligence and emotional intelligence, because you're just busy taking in information. >> but won't we adjust? i mean, humans adjust, as time progresses you will adjust to it. >> you will adjust to having more faulty real-life...
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as far as the tax plan, look, he has said he will not pass a tax plan that is not deficit neutral. he's been very clear about this. his principles are do not change or modify the share of taxes paid at the upper income level, reduce the tax burden on the middle income level, cut rates across the board, particularly so you can create a more welcoming environment for small businesses, reduce the tax burden on small businesses, which are responsible for a disproportionate percentage of employment in this country, and you can do a lot of this by generating growth, getting rid of deductions, getting rid of a lot of the credits, getting rid of a lot of the loopholes and that is the plan he will put forward to congress. >> here's the thing. dan, here's the thing. nobody disputes that he intends to do some of this. what we don't know is how he intends to do it, and the specifics and until we get that, i think barack obama is perfectly entitled at the next two debates to take him on it, say hang on, you're cutting taxes by $5 trillion but what are you actually going to do to make up the $5
as far as the tax plan, look, he has said he will not pass a tax plan that is not deficit neutral. he's been very clear about this. his principles are do not change or modify the share of taxes paid at the upper income level, reduce the tax burden on the middle income level, cut rates across the board, particularly so you can create a more welcoming environment for small businesses, reduce the tax burden on small businesses, which are responsible for a disproportionate percentage of employment...
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federal deficit topped $1 trillion for the fourth year in a row. the numbers $1.1 trillion in red for fiscal year 2012 which just ended. that is $207 billion less than the previous year. government spending fell 1.7%. tax revenue rose 6.4%. higher gasoline costs drove wholesale prices up. dow broke two-day losing streak. >> disseption in ranks of the "new york times" over the libya story later in the grapevine. up next, the still unreleased video of the benghazi attack. what does it show? [ male ann] the rhythm of life. [ whistle blowing ] where do you hear that beat? campbell's healthy request soup lets you hear it... in your heart. [ basketball bouncing ] heart healthy. great taste. mmm... [ male announcer ] sounds good. it's amazing what soup can do. stop! stop! stop! come back here! humans -- we are beautifully imperfect creatures living in an imperfect world. that's why liberty mutual insurance has your back with great ideas like our optional better car replacement. if your car is totaled, we give you the money to buy one a model year newer. c
federal deficit topped $1 trillion for the fourth year in a row. the numbers $1.1 trillion in red for fiscal year 2012 which just ended. that is $207 billion less than the previous year. government spending fell 1.7%. tax revenue rose 6.4%. higher gasoline costs drove wholesale prices up. dow broke two-day losing streak. >> disseption in ranks of the "new york times" over the libya story later in the grapevine. up next, the still unreleased video of the benghazi attack. what...
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john boehner is rowlowering expectations saying the deficit deal probably won't happen when congress returns after the election. it's not called lame duck for nothing. but surprising absolutely no one, everyone will wait to see how who the president will be, who's sitting in the oval office. >> yeah. look, the only reason -- well, two reasons you think this whole fiscal mess gets solved in this period is, one, because they have rather large, looming deadlines like the markets wanted it to happen and tax rates will go up and defense cuts mitt romney thinks are intentional -- never mind. is other reason the such difficult decisions they want to blame it on the old congress. whoever is president, that will still will true. i say the deal gets done. if not the whole thing sh it's because people think if you go beyond the deadline. tax rates go up for a week or two they will get a better deal. who knows? >> if you want to get a vote out of people they are worried about casting to lose office and they have already lost. >> blame the other people. >> do you know where there is bipartisanshi
john boehner is rowlowering expectations saying the deficit deal probably won't happen when congress returns after the election. it's not called lame duck for nothing. but surprising absolutely no one, everyone will wait to see how who the president will be, who's sitting in the oval office. >> yeah. look, the only reason -- well, two reasons you think this whole fiscal mess gets solved in this period is, one, because they have rather large, looming deadlines like the markets wanted it to...
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so mitt romney will cut the deficit by doing something that will add to the deficit. the other thing he brought up, pbs. the only specific that mitt romney gave in terms of how he will cut the deficit. the only detail he provided was that he would eliminate 1/100th of 1% of the budget. there have been lots of attempts to put the number in sper perspective. here's more. >> the federal share of the corporation for public broadcasting is about $450 million this year. that $450 million is about what the pentagon spends every six hours. >> six hours. to be clear, mr. romney and mr. ryan's idea for the deficit to save the country from fiscal disaster and pay for the stuff they want to do that's really expensive, their plan is to eliminate six hour's worth of defense spending. one-fourth of one day's worth of defense spending. at the same time, to make overall defense spending go like this. because, you know, they are the numbers guys. math. measure the growth of chn by the way they clean themselves in the bathroom. try charmin ultra strong. with a new duraclean texture, it
so mitt romney will cut the deficit by doing something that will add to the deficit. the other thing he brought up, pbs. the only specific that mitt romney gave in terms of how he will cut the deficit. the only detail he provided was that he would eliminate 1/100th of 1% of the budget. there have been lots of attempts to put the number in sper perspective. here's more. >> the federal share of the corporation for public broadcasting is about $450 million this year. that $450 million is...
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will ryan wonk out on the debt and deficit? all important questions for which there is a time and place. but here and now i'd like to spend a minute sharing my fantasy because fantasies are fun and my fantasy about joe biden is bo to get weird. he does away with the restricter plate he drove around with in 2008. a joe biden with a governor is no joe i want to see. in my version biden plays it big and surgically, hazing the young kid from the minor leagues who doesn't know what it's like to perform in the big show. it goes something like this. >> relax. don't try to strike everybody out. strikeouts are boring. besides that, they're fascist. throw some ground balls. more democratic. >> what's this guy know anyway? he's so great how come he's been in the minors for ten years? if he's so hot how cam they want me instead of him? >> and another thing, you don't know [ bleep ], all right? you want to make it to the show, you'll listen to me. she wants you because she can boss you around, got it? relax, let's have some fun out here. th
will ryan wonk out on the debt and deficit? all important questions for which there is a time and place. but here and now i'd like to spend a minute sharing my fantasy because fantasies are fun and my fantasy about joe biden is bo to get weird. he does away with the restricter plate he drove around with in 2008. a joe biden with a governor is no joe i want to see. in my version biden plays it big and surgically, hazing the young kid from the minor leagues who doesn't know what it's like to...
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going after what has been the biggest driver of our debt and deficit over the last decade. public television. pbs. >> these are tough times with big issues so scrooch your head talking about big bird. >> bret: my tw two-and-a-half-year-old is excited about. this i don't know how many people are that big bird is in the news. he is. all over the news. the big news today perhaps the polls, gasolineup will poll today is now likely voters. they transitioned from registered voters to likely voters. that is a difference. we talk about it before. romney two-point lead. margin of error is tied. first time in a year, real clear politic average, he has the lead in the average of recent polls. what about this? the panel, jonah goldberg, from national review online. kirsten powers for daily beast. syndicated columnist charles krauthammer. charles, today's developments and well, big bird. >> democrats are actually running an ad showing big bird and contracting it with the bad guys on wall street. >> let's just play it. might as well. >> i'm just a prop here. >> bret: right. you're teeing
going after what has been the biggest driver of our debt and deficit over the last decade. public television. pbs. >> these are tough times with big issues so scrooch your head talking about big bird. >> bret: my tw two-and-a-half-year-old is excited about. this i don't know how many people are that big bird is in the news. he is. all over the news. the big news today perhaps the polls, gasolineup will poll today is now likely voters. they transitioned from registered voters to...
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i asked more questions like why was it with a trillion dollar deficit, he found it in his -- in his heart to put $90 billion into green energy companies that in many cases were contributors to his campaign. at least the owners of those businesses were. and why was it with what he had promised during his campaign, that health insurance premiums he would bring down by $2,500 a year, instead they went up by $2,500 a year. you know, i know we've heard his answers over the campaign. had he says look you can't fix washington from the inside, only do it from the outside. we're going to give him that chance, all right. >> that was mitt romney at a rally in richmond, virginia, karen finney some sharp words. >> not unexpected. >> not unexpected at all. >> i'll start first with benghazi, which we didn't talk about earlier and which we will talk about now. mitt romney clearly sees an opening here, foreign policy wise to hit the president. said that president is doubling down on denial in his remarks just a moment ago. let's talk about how the vice president handled that last night. let's play actuall
i asked more questions like why was it with a trillion dollar deficit, he found it in his -- in his heart to put $90 billion into green energy companies that in many cases were contributors to his campaign. at least the owners of those businesses were. and why was it with what he had promised during his campaign, that health insurance premiums he would bring down by $2,500 a year, instead they went up by $2,500 a year. you know, i know we've heard his answers over the campaign. had he says look...
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you get $16 tril whereon in debt and four straight years of trillion-dollar-plus deficits. we have to move away from that. >> greta: i suspect if president obama were here, he would say that what he has done is to give people opportunity, that you need to jump-start people. you need to give them a little help, every once in a while to jump start it. how do you answer him to that remark? >> i would say, mr. president, you gave us some 800 to 9 mon. billion dollars of a stimulus package. you said that unemployment would never go above 8%. it remained at 8% or above 43 straight months. even still issue you say that unemployment would be 5.8% to 6%. you haven't jump-started anything. as a matter of fact, you wasted almost $twenty one trillion of american taxpayer money and continue to see yourself as a venture capitalist, using american taxpayer money for failed companies that you want to try to pick, based upon your own policies. this is about take org tax code and taking the tax rates and bringing them down, so we can infuse capital into the pockets of the job creators and th
you get $16 tril whereon in debt and four straight years of trillion-dollar-plus deficits. we have to move away from that. >> greta: i suspect if president obama were here, he would say that what he has done is to give people opportunity, that you need to jump-start people. you need to give them a little help, every once in a while to jump start it. how do you answer him to that remark? >> i would say, mr. president, you gave us some 800 to 9 mon. billion dollars of a stimulus...
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he put out a plan for ten dwreerz years to reduce the deficit. he's got a jobs bill sit in congress helping create 2 million jobs and the president's ready to act. the last thing the senate did before it left was to kill the senators on the republican side killed the bill to provide job opportunities for veterans, returning from iraq and afghanistan. so it's difficult to hear some of the claims because the president's been trying to push the jobs agenda for four years and it's tough when republicans have put obstacles up to getting the bills passed. >> why didn't the president fully embrace simpson-bowles when he had the opportunity? he patteded them on the back and said thank you. >> he took much of what was in simpson bowls and create ten-year $4 trillion reduction plan much of what you saw in simpson-bowles -- >> he missed the moment. there was a moment when something might have been accomplished. >> remember, he said, i'm going to take the idea of reducing the deficit by $4 trillion and show you what i would do and he presented that and he ga
he put out a plan for ten dwreerz years to reduce the deficit. he's got a jobs bill sit in congress helping create 2 million jobs and the president's ready to act. the last thing the senate did before it left was to kill the senators on the republican side killed the bill to provide job opportunities for veterans, returning from iraq and afghanistan. so it's difficult to hear some of the claims because the president's been trying to push the jobs agenda for four years and it's tough when...
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of the major stumbling blocks which i've pointed out people have bought on to the theory as part of deficit reduction we ought to lower the top rate on the highest income people. you lose a ton of revenue there and you can't make it up unless you squeeze the middle class. so if you're going to start out by saying the first thing we do is lower the rate from say 35 to 28 as simpson-bowles does or 25 as ryan does it's virtually impossible do deficit reduction without hurting the middle class. my suggestion intended to break this deadlock, this gridlock we've had on getting a budget deal for the last year and a half, let's get off this thing that the first thing we do is say we're going to lower the top rate. in the presidential campaign, the president's campaigning on letting the rate on the highest income people go back to where it was in the clinton years, that makes sense. now some republicans are saying yeah, we may have to do that. that's the way to get a deal done. instead of the kind of gridlock we've had so far. >> now, one of the other issues is the fiscal cliff and the gang of eight
of the major stumbling blocks which i've pointed out people have bought on to the theory as part of deficit reduction we ought to lower the top rate on the highest income people. you lose a ton of revenue there and you can't make it up unless you squeeze the middle class. so if you're going to start out by saying the first thing we do is lower the rate from say 35 to 28 as simpson-bowles does or 25 as ryan does it's virtually impossible do deficit reduction without hurting the middle class. my...
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he's turned a 2% deficit to an edge. florida, a one-point race before is still a one-point race. president up 48-47. before the debate, the president led 47-46. in ohio, the president maintains a shrinking but substantial lead. he has a six-point advantage, leading romney 51-45. the big difference, early voting. there in ohio, nearly one in five respondents tell us they've already voted. and if those who have voted, almost two-thirds have voted for president obama. and did the first debate sway any voters? the vast majority tell us they made up their minds before the debate. joining me now, lee, director of the marist poll. that's what i want to start off with. i thought it was remarkable that we're talking single digits here, 7% in florida, 7%, 6%, in these three states that said the debates mattered. among that small sliver of people, they all favored romney for those that say debates mattered. >> this is what we've been saying throughout the campaign. this electorate who picked sides early, the undecided has been low, those firmly committed to a candidate has been very high. a
he's turned a 2% deficit to an edge. florida, a one-point race before is still a one-point race. president up 48-47. before the debate, the president led 47-46. in ohio, the president maintains a shrinking but substantial lead. he has a six-point advantage, leading romney 51-45. the big difference, early voting. there in ohio, nearly one in five respondents tell us they've already voted. and if those who have voted, almost two-thirds have voted for president obama. and did the first debate sway...
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reporter: romney has a new ad out arguing that the president's job creation efforts have only added to the deficit. >> couple of nights ago, we had a debate. you may have gotten the chance to see that. >> reporter: before the new jobs numbers, romney had been riding a wave of momentum after this week's debate. he even got a pass from the president, who never mentioned romney's comments on the 47% of americans who don't pay federal income taxes. >> 47% of the people who will vote for the president no matter what. >> reporter: with an obama campaign ad still repeating those remarks, romney tried to put an end to the controversy once and for all on fox. >> clearly in a campaign with hundreds, if not thousands of speeches and question and answer sessions, now and then you are going to say something that doesn't come out right. in this case, i said something that's just completely wrong. >> reporter: democrats maintain that tone deafness extends from main street to sesame street. so obama aides sent a protester in a big bird outfit to romney's event in virginia to mock his call to end funding for pbs.
reporter: romney has a new ad out arguing that the president's job creation efforts have only added to the deficit. >> couple of nights ago, we had a debate. you may have gotten the chance to see that. >> reporter: before the new jobs numbers, romney had been riding a wave of momentum after this week's debate. he even got a pass from the president, who never mentioned romney's comments on the 47% of americans who don't pay federal income taxes. >> 47% of the people who will...
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i'm going to get rid of the deficit, give you tax breaks, without talking about anything specific except, of course, big bird. >> yeah. and what -- it's important to note, you are a master of parody and comedy, the form as it were. sesame workshop has responded to big bird ad. >> official response. >> this qualifies as breaking news. >> i always knew snuff love gus was a republican but -- >> how dare you claim not to be liberals with all your brainwashing. i know how to count because of sesame street because they brainwash. >> let's not denigrate the importance of sesame street to early childhood education and the role it plans. to john's point, this is kind of -- we have serious issues at hand. >> exactly. >> and the chock is ticking. >> feel like i want to bring in mr. rogers and talk about my feel approximationp we should be talking about education and infrastructure, it is a tiny number but representative of something larger. >> two things to say about this ad, only one good thing, it's not running in any battleground states, only cable bait, and the bad thing to say about it is, it
i'm going to get rid of the deficit, give you tax breaks, without talking about anything specific except, of course, big bird. >> yeah. and what -- it's important to note, you are a master of parody and comedy, the form as it were. sesame workshop has responded to big bird ad. >> official response. >> this qualifies as breaking news. >> i always knew snuff love gus was a republican but -- >> how dare you claim not to be liberals with all your brainwashing. i know...
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submarines and destroyers than the pentagon even wants and then finally tackle our immoral debt and deficit. i'm going to ask you a question. let me see if i got it here. as an american voter, i think this is important. are you a wizard? >> i don't believe that. that's not me. two years ago, the people of bp made a commitment to the gulf. bp has paid over twenty-three billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. [ male announcer ] you start your day... love you, too. ...thinking about what's important to you -- your family... ...the mortgage... the kids' college tuition. [ cellphone ringing ] but life insurance? [ horn honking ] life is unpredictable. that's why at fidelity life we want you to think about term life insurance -- taking care of your family's future expe
submarines and destroyers than the pentagon even wants and then finally tackle our immoral debt and deficit. i'm going to ask you a question. let me see if i got it here. as an american voter, i think this is important. are you a wizard? >> i don't believe that. that's not me. two years ago, the people of bp made a commitment to the gulf. bp has paid over twenty-three billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas...
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you have a debt and deficit hawk. do you worry looking ahead about the debt under romney might explode again similarly? >> well, number one, the deficit is the symptom. spending is the disease. i me, since world war ii, revenues have averaged about 18.5% of the economy. spending is at 20%. now due to the president's policies we have revenue that's gone down due to less economic growth but it's spending that's skyrock skyrocketing. he has it up to almost 25% of the economy and on automatic pilot for 40%. that means middle income families will suffer. >> but why would -- >> it is a spin proven problem. the deficit is the symptom. spending is the disease. you have to take care of the spending side and once again, brooke, if you look at irs data, you will see that revenues actually increased when we brought down rates because we had more economic activity. >> but congressman, why would -- >> -- to your proposition. >> why would the trickle down theory work this time producing record debt two times before? >> because we ha
you have a debt and deficit hawk. do you worry looking ahead about the debt under romney might explode again similarly? >> well, number one, the deficit is the symptom. spending is the disease. i me, since world war ii, revenues have averaged about 18.5% of the economy. spending is at 20%. now due to the president's policies we have revenue that's gone down due to less economic growth but it's spending that's skyrock skyrocketing. he has it up to almost 25% of the economy and on automatic...
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because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? >>> well, it may just be the vp debate. the second tier battle for the top ticket in the country, but tonight's debate between joe biden and paul ryan will unubtedly be watched by millions. and while some say a vp debate doesn't hold much sway, you just try telling that to the roughly 70 million people who watched the last vp contest on tv. it was back in 2008. vice presidential candidates joe biden versus sarah palin. >> nice to meet you. hey, can i call you joe? >> you can call me joe. >> thank you. thank you, gwen. thank you. thank you, thank you. >> say it ain't so, joe. there you go again pointing backwards again. you plefrsed your whole comment with the bush administration. >> say it ain't so, joe. i love that. as mentioned, 70 million people watched that debate. that's 10 million more than last week's debate between the presidential candidates. one woman who know as thing or two about prepping such,
because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? >>> well, it may just be the vp debate. the second tier battle for the top ticket in the country, but tonight's debate between joe biden and paul ryan will unubtedly be watched by millions. and while some say a vp debate doesn't hold much sway, you just try telling that to the roughly 70 million people who...
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deficit totals $1.4 trillion. it exceeded the $4 trillion mark. >>> jack kennedy and paul ryan, perfect together? some things about them that are similar. both young, energetic, vibrant. paul ryan things they have something in common, joe biden not so sure. the republican candidate invoked a camelot era comparison. this time, the issue taxes. >> you can cut tax rates by 20% and preserve important preferences for middle class taxpayers. >> not mathematically possible. >> it's been done before. >> it's never been done before. >> a couple of times. >> never been done before. >> ronald reagan. >> now you're jack kennedy. >> ronald reagan. >> twitter was atwitter about that. that comment got a noticeable reaction from the group of undecided voters i watched during the debate last night. see it blown up there in the bottom of the screen. here is the problem, both kennedy and reagan working in a different time and place. to start, when both kennedy and reagan took office, individual tax rates not even in the ballpark of
deficit totals $1.4 trillion. it exceeded the $4 trillion mark. >>> jack kennedy and paul ryan, perfect together? some things about them that are similar. both young, energetic, vibrant. paul ryan things they have something in common, joe biden not so sure. the republican candidate invoked a camelot era comparison. this time, the issue taxes. >> you can cut tax rates by 20% and preserve important preferences for middle class taxpayers. >> not mathematically possible....
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get this deficit and debt under control to prevent a debt crisis. make more things in america and sell them overseas and champion small businesses. don't raise taxes on small businesses, they're our job creators. >> they get out of the way. if they get out of the way and let us pass the tax cut for the middle class and make it permanent. they get out of the way and let us allow 14 million people who are struggling to stay in their homes because their mortgages are upside down but they never missed a mortgage payment. >> ali velshi is our chief business correspondent. ali velshi, welcome back. unemployment below 6%, to quote you, in your op-ed on cnn money, no more bs, please. care to extrapolate? >> right, so let's put the unemployment number aside for a second. that is a nonpartisan number, that's congressional budget office they say if nothing changed, we would have an unemployment rate of about 6.3% by the end of 2016. the end of the next presidential term. but as we have learned in the last week, the unemployment rate measures different things.
get this deficit and debt under control to prevent a debt crisis. make more things in america and sell them overseas and champion small businesses. don't raise taxes on small businesses, they're our job creators. >> they get out of the way. if they get out of the way and let us pass the tax cut for the middle class and make it permanent. they get out of the way and let us allow 14 million people who are struggling to stay in their homes because their mortgages are upside down but they...
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because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? and i was told to call my next of kin. at 33 years old, i was having a heart attack. now i'm a bayer aspirin regimen. [ male announcer ] be sure toalk to your doctor before you begin an aspirin regimen. i didn't know this could happen so young. take control, talk to your doctor. i didn't know this could happen so young. ffor help finding a plan that's right for you, give unitedhealthcare a call today. >>> a man who is investigating violence against the u.s. embassy in yemen is now shot dead in a street today. it happened in yellen's capital. the man was a yemeni fwhooshl had worked for the embassy for 20 years. witnesses say men on motorcycles drove up next to his car and opened fire. it happened in broad daylight in one of the city's main streets, and the way he was killed, his long career with the u.s. government making officials believe at perhaps he was singled out and targeted. want to talk about paula
because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? and i was told to call my next of kin. at 33 years old, i was having a heart attack. now i'm a bayer aspirin regimen. [ male announcer ] be sure toalk to your doctor before you begin an aspirin regimen. i didn't know this could happen so young. take control, talk to your doctor. i didn't know this could happen so...
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Oct 12, 2012
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even in the early '80s, the budget deficit was a lot smaller. that's the key reason i'd be concerned. i think tax reform is a good idea. doug is right. we need to have tax reform, but we need tax reform that raises enough revenue to lower tax rates and also goes to reducing future budget deficit because if we don't get the deficits down, lower tax rates aren't going help us. >> and doug, do you think it's fair to say, romney ryan have been saying they think a 3% growth is reasonable. do you think it is? because for in of this math to work out and this whole argument everybody's having about whether they can cut taxes and close enough loopholes, they are counting on economic growth on being part of making up that difference. will it? >> you can't say for sure because good tax policy does t matter. t not the only thing going on out there and you would have to have a displn palestinianed, economic policy. we have a serious threat to the economy from existed and projected debt. it is different from the era of reagan in that debt is not being driven
even in the early '80s, the budget deficit was a lot smaller. that's the key reason i'd be concerned. i think tax reform is a good idea. doug is right. we need to have tax reform, but we need tax reform that raises enough revenue to lower tax rates and also goes to reducing future budget deficit because if we don't get the deficits down, lower tax rates aren't going help us. >> and doug, do you think it's fair to say, romney ryan have been saying they think a 3% growth is reasonable. do...
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and that'll be a big debate. >> i just said don't raise the deficit. >> okay. can i tell you one other thing mike allen sent me, willie? >> what? >> yesterday. as criticism -- >> i don't want to see it. >> sugary sodas intensifies, coke, pepsi, and dr. pepper are rolling out new vending machines that will put calorie counts right at your fingertips. it's a move in the right direction. thank you, mike allen for sending that to me. we need to get that in the show some time today, we also need to talk about the campaign -- >> did somebody put -- >> that's getting fascinating. >> joe, stop blustering. >> thanks, jim. >>> when we come back, the jets try to survive a showdown with the texans on monday night football. he had a chance, one drive to win it all and turn around the season. >> tebow. >> show you how he did. >> tebow. >> orioles/yankees, full highlights when we come back. >>> all right. time for some sports. on monday night football. >> no. >> the new york jets coming off a 34-0 shutout loss to the 49ers last week. had to try to turn it around against the u
and that'll be a big debate. >> i just said don't raise the deficit. >> okay. can i tell you one other thing mike allen sent me, willie? >> what? >> yesterday. as criticism -- >> i don't want to see it. >> sugary sodas intensifies, coke, pepsi, and dr. pepper are rolling out new vending machines that will put calorie counts right at your fingertips. it's a move in the right direction. thank you, mike allen for sending that to me. we need to get that in the...
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right now he's talking about what voters care about, which is jobs, the economy, rising deficits. >> i understand. hang on. hang on. hang on. ron, we're not going to do talking points here. i'm asking you a very simple question. >> i'm not doing talking points. >> i didn't ask you about the economy. we can get to that. what did he mean in his statement that seems to be contradictory statements? >> i just told you what he meant. he said that his agenda is not going to be focused on abortion. it's going to be -- he did not say it was going to be focused on other issues, but obviously it's going to be. that's why he talked about the economy, what voters care about in these 27 days. >> romney was criticized for changing views on key issues and former president clinton had something to say about it. take a listen. >> i had a different reaction to that first debate than a lot of people did. i thought, wow! here is old moderate mitt. where have you been, boy? i missed you all these last few years. just show up with a sunny face and say, i didn't say all that stuff i said the last two years.
right now he's talking about what voters care about, which is jobs, the economy, rising deficits. >> i understand. hang on. hang on. hang on. ron, we're not going to do talking points here. i'm asking you a very simple question. >> i'm not doing talking points. >> i didn't ask you about the economy. we can get to that. what did he mean in his statement that seems to be contradictory statements? >> i just told you what he meant. he said that his agenda is not going to be...
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how he would reduce the deficit? by when? did anyone ask? >> i mean, there's two components to his tax reform plan. one is a huge tax cut, which is going to add up to $5 trillion. and the other is to pay for it. so he's been explicit about one part, which is the tax cut. he hasn't been detailed about the last part. but obama never pressed him on this. that's your point. these are 90-minute forums, they're highly intense. >> you just did it, mika, so why couldn't he? >> that's what i'm wondering. >> everybody out there, democrats were yelling at the camera. >> because it's been the conversation for a month. and for the president not to know -- >> it's stunning, isn't it, sam? it's stunning. but mike, you know, if romney is moving to the center, if he is changing his positions, that's probably good for him electorally. usually candidates do that -- every candidate does that at the convention. mitt romney seemed to do it in the middle of his first debate. >> yeah, well, he could have done it at the convention and no one would have noticed given
how he would reduce the deficit? by when? did anyone ask? >> i mean, there's two components to his tax reform plan. one is a huge tax cut, which is going to add up to $5 trillion. and the other is to pay for it. so he's been explicit about one part, which is the tax cut. he hasn't been detailed about the last part. but obama never pressed him on this. that's your point. these are 90-minute forums, they're highly intense. >> you just did it, mika, so why couldn't he? >> that's...
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because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... w could we ever trust him here? then you may be looking for help in choosing the right plan for your needs. so don't wait. call now. whever your health coverage needs, unitedhealthcare can help you find the right plan. open enrollment to choose your medicare coverage begins october 15th and ends december 7th. so now is the best time to review your options and enroll in a plan. medicare has two main parts, parts a and b, to help cover a lot of your expenses, like hospital care... and doctor visits. but they still won't cover all of your costs. now's the time to learn about unitedhealthcare plans that may be right for you. are you looking for something nice and easy? like a single plan that combines medicare parts a & b with prescription drug coverage? a medicare advantage plan can give you doctor, hospital and prescription drug coverage all in one plan... for nothing more than what you already pay for part b. you'll also have the flexibility
because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... w could we ever trust him here? then you may be looking for help in choosing the right plan for your needs. so don't wait. call now. whever your health coverage needs, unitedhealthcare can help you find the right plan. open enrollment to choose your medicare coverage begins october 15th and ends december 7th. so now is the best time to review your...
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because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? >>> less than a month away now before election day. and how can we forget political ads, they remind us each and evy hour on the hour what is happening now. with barack obama and mitt romney had to spend hundreds of millions of dollars to define themselves for us while, of course, vilifying the other. that's why when i draw your attention to this documentary, that airs tomorrow night, on pbs, it is from the folks who bring us front line. here is just a preview. >> i got my start as a community organizer. >> i know how the private sector works. i know how jobs come. i know how they go. >> for years, these two men have been telling us their stories. >> he keeps a lot of his views to himself. >> he knows that every step he takes is a potential land mine. >> people have great respect for obama and will still say this is most insular administration in their lifetime. >> this october, front line looks for meaning
because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? >>> less than a month away now before election day. and how can we forget political ads, they remind us each and evy hour on the hour what is happening now. with barack obama and mitt romney had to spend hundreds of millions of dollars to define themselves for us while, of course, vilifying the other. that's...
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job creation is also tied to spending and deficits. he gave us $16 trillion in debt. so while we do see an improvement in job creation, it's not what it should be. the red state governors are leading it. and if president obama were following their lead, the national mood and economy would be much, much better right now. >> do you think that conspiracy theories such as being said across the country right now, do you that damages mitt romney? it's getting a lot of play nationwide. it really is. you can't take that away. do you think that's damaging? >> people are entitled to their opinion. this is a free country. it's free speech. i personally accept the numbers as they are. we need to be talking about the issues. the facts, there are still over 20 million people out of work. gas has doubled under this president. >> okay. scott, let's move on to you. florida's unemployment rate stands at 8.8%, one point higher than the national average that came out yesterday. florida also tops the list of states. and some type of foreclosure process, 11%. has president obama done enoug
job creation is also tied to spending and deficits. he gave us $16 trillion in debt. so while we do see an improvement in job creation, it's not what it should be. the red state governors are leading it. and if president obama were following their lead, the national mood and economy would be much, much better right now. >> do you think that conspiracy theories such as being said across the country right now, do you that damages mitt romney? it's getting a lot of play nationwide. it really...
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we have a trillion deficit. why are we reducing tax rates at all. let's use it to our deficit reduction rather than lowering rates at the top. >> you know this as i did. when biden kept talking about raising taxes for people making a million or more as opposed to $250,000. >> that's a chuck schumer idea as well coming from new york. >> but all this should tell us is that before people go to the voting boothss, they're not going to know the answers to these questions. everyone would like to know the answers to these questions, but you have professional groups disagreeing about the economic impact of these things. so we don't really know. >> we have more clarity on the spending side where romney has said he wants to limit federal spending which would mean significant reductions in what the federal government does on a whole variety of fronts. even romney has said $500 billion a year in cuts by 2016. so that is a major difference that's out there. >> that's easier said than done as we know from covering congress for many years. >> and big bird is obvio
we have a trillion deficit. why are we reducing tax rates at all. let's use it to our deficit reduction rather than lowering rates at the top. >> you know this as i did. when biden kept talking about raising taxes for people making a million or more as opposed to $250,000. >> that's a chuck schumer idea as well coming from new york. >> but all this should tell us is that before people go to the voting boothss, they're not going to know the answers to these questions. everyone...
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taxes paid by upper income earners and we will give tax relief to the middle class and going to be deficit neutral. you can do all those things and have people understand this election was about this and we need this kind of progrowth tax reform agenda and work out the details in the same way ronald reagan did with tip o'neill with working across the aisle. governor romney has a proven record of being able to work across the aisle. >> chris: there are a lot of questions from independent people how do you pay for it and you refuse to say how you will pay for it? >> we will pay for it by eliminating deductions and loopholes and making sure for the middle class that protecting the home mortgage deduction and other important deductions for them but at the high end you would eliminate deductions and a lot of special interest loopholes that would allow you you to bring down the rate 20%. six different studies said this is -- >> chris: those studies are questionable. some of them are blogged. some from the aei which is hardly an independent group. >> these are credible sources and -- >> chris: on
taxes paid by upper income earners and we will give tax relief to the middle class and going to be deficit neutral. you can do all those things and have people understand this election was about this and we need this kind of progrowth tax reform agenda and work out the details in the same way ronald reagan did with tip o'neill with working across the aisle. governor romney has a proven record of being able to work across the aisle. >> chris: there are a lot of questions from independent...
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an 18 point halftime deficit and stunned the packers. chuck pagano is being treated for leukemia. >> you're doing great. >> eagles and steelers in pittsburgh. michael vick coughed up a fumble on the one yard line. steelers recover. philadelphia would have the lead late in the fourth. pittsburgh kicks the go ahead field goal to win it 16-14. scary play for redskins fans. robert griffin iii trying to make something happen. he scrambles up the sideline. gets hit. griffin is slow to get up. he's taken out of the game and would not return. official diagnosis is a concussion. no word yet on if he'll play next week. the game with 2:50 left to play. michael turner gets the handoff and runs it 13 yards for the score. that would be the final. falcons win 24-17. they improve to 5-0. >>> and a showdown between two of the best quarterbacks of this generation. tom brady, mr. pretty, and peyton manning facing off in foxborough. manning looks sharp rmt here he hits his tight end from one yard. peyton has three tds and no interceptions. the patriots' run
an 18 point halftime deficit and stunned the packers. chuck pagano is being treated for leukemia. >> you're doing great. >> eagles and steelers in pittsburgh. michael vick coughed up a fumble on the one yard line. steelers recover. philadelphia would have the lead late in the fourth. pittsburgh kicks the go ahead field goal to win it 16-14. scary play for redskins fans. robert griffin iii trying to make something happen. he scrambles up the sideline. gets hit. griffin is slow to get...
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don't raise the deficit. don't raise taxes on the middle class. and don't lower the share of income born by the high income earners. he'll keep saying this $5 trillion plan. it's been discredited by six other studies and their own deputy campaign manager acknowledged it wasn't correct. >> let's talk about this 20%. you have refused to offer specifics on how you pay for that 20% across the board tax cut. do you actually have the specifics or are you still working on it and that's why you won't tell voters? >> different than this administration, we want to have big bipartisan agreements. see, i understand -- >> do you have the specifics, do you have the -- >> that would be the first in a republican congress. >> look at what ronald reagan and tip o'neill did. they worked together to broaden the base and lower tax rates. what we're saying is, here is our frame work. lower tax rates 20%. we raise about $1.2 trillion through income taxes. we forego about $1.1 trillion in loopholes and deductions. so what we're sayg is s >>et to lower tax rates across th
don't raise the deficit. don't raise taxes on the middle class. and don't lower the share of income born by the high income earners. he'll keep saying this $5 trillion plan. it's been discredited by six other studies and their own deputy campaign manager acknowledged it wasn't correct. >> let's talk about this 20%. you have refused to offer specifics on how you pay for that 20% across the board tax cut. do you actually have the specifics or are you still working on it and that's why you...
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you know, who knew he was driving our deficit? so we're going after -- he's decided we're going after big bird and elmo's making a run for the border and oscar's hiding out in the trash can and governor romney wants wall street to run wild again but bring down the hammer on sesame street. look, that is not leadership. that's salesmanship. we can't afford it. we can't afford to double down on top down economics. we can't afford another round of tax cuts for the wealthy. we can't afford to roll back regulations on wall street banks or on insurance companies. we can't afford to gut our investments in education or clean energy or research or technology. that is not a jobs plan. that is not a plan to grow the economy. that is not change. that is a relapse. we have been there. we have tried that. we are not going back. we are moving forward. and that's why i'm running for a second term as president of the united states. >> all right. so there's the president of the united states. you get the point. he's really going after the republican
you know, who knew he was driving our deficit? so we're going after -- he's decided we're going after big bird and elmo's making a run for the border and oscar's hiding out in the trash can and governor romney wants wall street to run wild again but bring down the hammer on sesame street. look, that is not leadership. that's salesmanship. we can't afford it. we can't afford to double down on top down economics. we can't afford another round of tax cuts for the wealthy. we can't afford to roll...
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. >> in order to reduce the deficit, there has to be revenue in addition to cuts. >>> there has to be revenue addition to cuts. >> and this is ruled out. >> absolutely. >> there is revenue i get is by more people working and paying higher taxes. idea of taxing people more, putting more people out of work, you'll never get there or balance the budget. and that is my next guest and the left tried hard to make him the scapegoat for 67 million americans it was well, obvious to blame lays with the president himself. here to respond is the author of "pension city". good to see you again. >> good to see you, sean. >> you say good evening this, is the news hour. >> and that is i'm going to leave your name at the door. >> the news is doing great. it's a time took time to get it into place. i transitioned out and i'm very happy about this. >> and i felt that for you... after the debate z a lot of criticism he does. >> and how did you feel about that? >> i'm not keen on criticism. and you know, but... that was at the beginning. the criticism is pretty much gone away. people realize that spin did
. >> in order to reduce the deficit, there has to be revenue in addition to cuts. >>> there has to be revenue addition to cuts. >> and this is ruled out. >> absolutely. >> there is revenue i get is by more people working and paying higher taxes. idea of taxing people more, putting more people out of work, you'll never get there or balance the budget. and that is my next guest and the left tried hard to make him the scapegoat for 67 million americans it was well,...
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. >> in order to reduce the deficit, there has to be revenue in addition to cuts. >> there has to be revenue in addition to cuts. governor romney has ruled out revenue. he's ruled out revenue. >> is that true? >> absolutely. the revenue i get is by more people working, getting higher pay, paying more taxes. that's how we get growth, balance the budget. the idea of taxing people more, putting more people out of work, you'll never get there. you never balance the budget by raising taxes. >> sean: that was my next guest, jim lehrer, moderating the debate last week. the left tried to make him the scapegoat for obama's pitiful performance, but for 60 million americans it was obvious the blame laid squarely with the president himself. here is former pbs news anchor jim lehrer. nice to see you. >> good to see you, sean. >> "good evening, this is "the newshour"." >> you did that really well. >> sean: how are you doing? >> "the newshour" is doing great. the team took time to get it in place. i transitioned out and i'm ve happy about the pbs news, how it's functioning. >> i felt bad for you af
. >> in order to reduce the deficit, there has to be revenue in addition to cuts. >> there has to be revenue in addition to cuts. governor romney has ruled out revenue. he's ruled out revenue. >> is that true? >> absolutely. the revenue i get is by more people working, getting higher pay, paying more taxes. that's how we get growth, balance the budget. the idea of taxing people more, putting more people out of work, you'll never get there. you never balance the budget by...